27.11.2014 Views

2009 Annual Report - American Farmland Trust

2009 Annual Report - American Farmland Trust

2009 Annual Report - American Farmland Trust

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Summary of Activities<br />

For the fiscal year ending September 30, <strong>2009</strong><br />

support and revenue fy <strong>2009</strong><br />

Contributions from<br />

Members and Donors 2,863,000<br />

Foundations (See Note 1) 1,144,000<br />

Corporations 154,000<br />

Governments 1,151,000<br />

Nonprofits and Other Organizations 375,000<br />

Bequests 950,000<br />

Interest and Other Income 680,000<br />

Net Unrealized Gains (Losses) (See Note 2) (407,000)<br />

Total Revenue and Other Income 6,910,000<br />

Notes:<br />

1. In compliance with FASB Statement No. 116 and 117, all<br />

written unconditional promises to give in the current<br />

and future years must be fully recognized in the year of<br />

notification.<br />

2. In compliance with FASB Statement No. 124, all investments<br />

in equity securities with readily determinable fair value are<br />

reported at their fair value. The net unrealized gains (losses)<br />

reflect the increase (decrease) in fair value in FY09.<br />

Additional financial statements are available upon request.<br />

expenses fy <strong>2009</strong><br />

State and Local Programs 4,947,000<br />

Research and Technical Education 81,000<br />

Federal and Public Policy 67,000<br />

Public Education 735,000<br />

Communication and Media Outreach 591,000<br />

Other Programs 155,000<br />

Total Programs 6,576,000<br />

Management & General 361,000<br />

Fundraising 1,213,000<br />

Membership 456,000<br />

Total Expenses 8,606,000<br />

net assets<br />

Beginning of Year 19,077,000<br />

End of Year 17,381,000<br />

Change in Net Assets (1,696,000)<br />

27

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!